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$161 MILL INVESTED IN 16 VIRTUAL WORLDS-RELATED COMPANIES IN Q2 2008
$345 MILL INVESTED IN 39 VIRTUAL WORLDS-RELATED
COMPANIES IN FIRST 1/2 OF 08

July 9, 2008 - Austin, Texas -- Virtual Worlds Management (VWM), the leading virtual worlds trade media company, has announced findings from a comprehensive study of accountable transactions showing that venture capital and media firms have invested more than $161 million dollars in 16 virtual worlds-related companies during the second quarter of 2008, not including two companies that were acquired for unknown amounts. This compares with $184 million dollars in 23 virtual worlds related companies during the first quarter of 2008. That puts the total amount invested in the first 6 months of 2008 at $345 million. VWM produces the annual Virtual Worlds Expo taking place September 3-4, 2008 in Los Angeles and Virtual Worlds London taking place October 20-21, 2008 in London.

Virtual Worlds News has the analysis of the numbers here:
http://www.virtualworldsnews.com/2008/07/161-million-inv.html

Virtual Worlds-Related Companies Funded During Q2 2008
Editors Note:  News Story column links to a recent full article about the company
 

Company Segment Amount Named Investors More info
8D World Virtual world  platform developer $1 million+ Spark Capital http://www.virtualworldsnews.com/2008/06/8d-world-receiv.html
Akoha Social game? $1.9 million Angel investors http://www.virtualworldsnews.com/2008/04/akoha-gets-19m.html
GirlSense.com Fashion Virtual World Unknown Acquisition IAC http://www.virtualworldsnews.com/2008/05/iac-acquires-gi.html
GoFish Ad/media network $1.5 million none http://www.virtualworldsnews.com/2008/04/gofish-gets-15m.html
Grockit MMO Learning Game $8 million Integral Capital and Benchmark Capital http://www.virtualworldsnews.com/2008/05/grockit-gets-8m.html
Metaverse Mod Squad Virtual World Support $200,000+ Angel investors http://www.virtualworldsnews.com/2008/06/metaverse-mod-s.html
ngi group Solutions provider, platform devloper $15.7 million NTT http://www.virtualworldsnews.com/2008/06/ntt-investing-1.html 
Novint 3D controllers/peripherals $5.2 million http://www.virtualworldsnews.com/2008/06/novint-gets-52m.html
Nurien Software 3D social networking $15 million Northern Light Venture Capital, Globespan Capital Partners, New Enterprise Associates, and QiMing Venture Partners http://www.virtualworldsnews.com/2008/04/nurien-gets-15m.html
PixVerse Virtual World Platform Developer Unknown Acquisition hi5 http://www.virtualworldsnews.com/2008/07/hi5-acquires-pi.html
PlayFish Casual Games/Virtual Wolrds $1 million Accel Partners http://www.virtualworldsnews.com/2008/07/playfish-gets-1.html
PrimeSense Gestural Interface $20.4 million Led by Canaan Partners with participation from existing investors Gemini Israel Funds (who also provided the seed funding) and Genesis Partners http://www.virtualworldsnews.com/2008/05/prime-sense-get.html
Realtime Worlds MMOG Developer $50 million led by Maverick Capital with participation from previous investor New Enterprise Associates and new investor WPP http://www.virtualworldsnews.com/2008/04/realtime-worlds.html
Seasky MMOG $3 million Perfect World http://www.virtualworldsnews.com/2008/04/perfect-world-i.html
Stanford Parallel Processing Lab Parallel Processing for Virtual Worlds $6 million Sun Microsystems, AMD, Nvidia, IBM, HP, and Intel http://www.virtualworldsnews.com/2008/05/stanford-gets-6.html
Turbine MMOG $40 million Led by Time Warner Inc. and GGV Capital with participation from existing investors, Highland Capital Partners, Polaris Venture Partners, Tudor Ventures and Columbia Capital http://www.virtualworldsnews.com/2008/06/turbine-finishe.html
  Total $161 million

Source:  Virtual Worlds Management

About Virtual Worlds Management

Virtual Worlds Management is the leading virtual worlds trade media company. Virtual Worlds Management provides comprehensive media and events including Virtual Worlds Expo (September 3-4, 2008 in Los Angeles), Virtual Worlds London (October 20-21, 2008), the recently held Virtual Worlds Conference (April 3-4, 2008 in New York), Virtual Worlds Weekly email newsletter and the www.VirtualWorldsNews.com trade news blog. More information about Virtual Worlds Management can be found at http://www.VirtualWorldsManagement.com .

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Tim Williams
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tim@showinitiative.com
512-289-8687

 

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